Comparable sales & offer analysis
Parcel NM-300629
Eddy County, NM · 2.29 ac · Agricultural · Paved · Off grid
LandPilot
Prepared Oct 2, 2026
Valuation summary
Asking price
$3,500
Adjusted value
$3,754
Value range
$3,158–$4,350
Comp $/acre
$1,639/ac
Weighted from 6 recorded sales within the county, adjusted for tract size, road access, utilities and time since sale. Asking is -6.8% versus the adjusted value.
Offer position
Max allowable offer
$2,145
Offer $/acre
$937/ac
Projected profit
$1,126
Annualized ROI
+69.2%
Assumes a 30% target margin, 9-month hold, 4% closing costs, 6% annual carry and 8% selling costs.
Comparable sales
| Parcel | Acres | Sold | Price | $/ac | Adj $/ac | Match |
|---|---|---|---|---|---|---|
| NM-980386 | 1.9 | Oct 15, 2025 | $2,800 | 1,440 | 1,493 | 75 |
| NM-110755 | 2.5 | Mar 1, 2024 | $3,400 | 1,335 | 1,484 | 71 |
| NM-561460 | 4.2 | Jun 3, 2024 | $8,200 | 1,970 | 2,203 | 62 |
| NM-722668 | 10.0 | Nov 11, 2024 | $14,200 | 1,421 | 1,648 | 56 |
| NM-782760 | 10.7 | Apr 4, 2024 | $14,100 | 1,318 | 1,500 | 53 |
| NM-952816 | 11.2 | Dec 3, 2024 | $14,500 | 1,301 | 1,519 | 50 |
Prepared with LandPilot. Values are model estimates derived from recorded sales and procedural market data, not an appraisal. Verify title, access and zoning independently before contracting.